The role of Indian textiles in Southeast Asian trade in the seventeenth century was important in three ways. First, there was a great, almost unlimited, demand for these goods in all the Southeast Asian markets; second, they constituted the principal medium of exchange for the trade of Southeast Asia with the outside world; and third, they shaped the pattern of Inter-Asian trade of the European Companies, which laid the foundation of their wealth and commerce and later political power in the eighteenth century. The first two were important for Southeast Asian history only, but the last was of very great importance from the point of view of world history, not less important, in its far-reaching effects, than the voyages of discovery at the beginning of the modern period or the Industrial Revolution and the French Revolution in the eighteenth century. The poor Indian weavers shaped the course of world history by unconsciously laying the foundation of British and Dutch colonial empires.